The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Members of Parliament on Tuesday debated changes to a law capping commercial interest rates after the High Court gave parliament an ultimatum to alter the law to comply with the constitution.
The government in 2016 limited rates banks can charge customers at four points above the central bank’s benchmark - currently 9 per cent - saying they were concerned about high rates.
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